Special Needs News | October 2024
Funding a Special Needs Trust With a Structured Settlement
A structured settlement is ideally suited as partial or full funding for a first-party special needs trust with a disabled beneficiary. It also lowers administration costs since only trust assets are subject to fees.
ABLE Accounts Can Play a Key Role in Special Needs Plans
ABLE accounts can enhance quality of life for people with disabilities, offering financial protection while preserving access to public benefits for some individuals.
Bill Would Make Expiring ABLE Account Provisions Permanent
The Tax Cuts and Jobs Act (TCJA) of 2017 made significant changes to the U.S. tax code. Many of its provisions are set to expire, or “sunset,” at the end of 2025. It also made three key changes to ABLE accounts that are scheduled to expire in 2025.
Voting Rights for People With Disabilities
Federal civil rights laws are in place to prevent discrimination against Americans who need certain accommodations when voting.
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